PennantPark Investment Profitability Analysis
| PNNT Stock | USD 7.03 0.11 1.59% |
Net Loss | First Reported 2007-06-30 | Previous Quarter 16.1 M | Current Value 3.7 M | Quarterly Volatility 23.5 M |
For PennantPark Investment profitability analysis, we use financial ratios and fundamental drivers that measure the ability of PennantPark Investment to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well PennantPark Investment utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between PennantPark Investment's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of PennantPark Investment over time as well as its relative position and ranking within its peers.
PennantPark |
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PennantPark Investment. If investors know PennantPark will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PennantPark Investment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.82) | Dividend Share 0.85 | Earnings Share 0.66 | Revenue Per Share 2.167 | Quarterly Revenue Growth (0.18) |
The market value of PennantPark Investment is measured differently than its book value, which is the value of PennantPark that is recorded on the company's balance sheet. Investors also form their own opinion of PennantPark Investment's value that differs from its market value or its book value, called intrinsic value, which is PennantPark Investment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PennantPark Investment's market value can be influenced by many factors that don't directly affect PennantPark Investment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PennantPark Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if PennantPark Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PennantPark Investment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
PennantPark Investment Return On Asset vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining PennantPark Investment's current stock value. Our valuation model uses many indicators to compare PennantPark Investment value to that of its competitors to determine the firm's financial worth. PennantPark Investment is regarded fifth in return on equity category among its peers. It is regarded third in return on asset category among its peers reporting about 0.62 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for PennantPark Investment is roughly 1.62 . At this time, PennantPark Investment's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value PennantPark Investment by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.PennantPark Return On Asset vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
PennantPark Investment |
| = | 0.0859 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
PennantPark Investment |
| = | 0.0531 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
PennantPark Return On Asset Comparison
PennantPark Investment is currently under evaluation in return on asset category among its peers.
PennantPark Investment Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in PennantPark Investment, profitability is also one of the essential criteria for including it into their portfolios because, without profit, PennantPark Investment will eventually generate negative long term returns. The profitability progress is the general direction of PennantPark Investment's change in net profit over the period of time. It can combine multiple indicators of PennantPark Investment, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 577.5 M | 606.4 M | |
| Operating Income | -23.5 M | -22.3 M | |
| Income Before Tax | -30.1 M | -28.6 M | |
| Total Other Income Expense Net | -45.7 M | -47.9 M | |
| Net Loss | -38.9 M | -36.9 M | |
| Income Tax Expense | 8.8 M | 9.3 M | |
| Net Loss | -30.4 M | -28.9 M | |
| Net Loss | -30.4 M | -28.9 M | |
| Interest Income | 102 M | 81.4 M | |
| Net Interest Income | 66.6 M | 59.3 M | |
| Non Operating Income Net Other | 31.3 M | 27.8 M | |
| Change To Netincome | 147.4 M | 154.8 M | |
| Net Loss | (0.47) | (0.44) | |
| Income Quality | (5.94) | (5.64) | |
| Net Income Per E B T | 1.16 | 0.84 |
PennantPark Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on PennantPark Investment. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of PennantPark Investment position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the PennantPark Investment's important profitability drivers and their relationship over time.
PennantPark Investment Profitability Trends
PennantPark Investment profitability trend refers to the progression of profit or loss within a business. An upward trend means that PennantPark Investment's profit has generally increased over time, and a downward profitability trend means profits are declining. Recognizing problems early in profitability trends allows investors to address revenue and cost issues in advance. Investors and analysts usually monitor three types of profitability trends: gross, operating, and net. Gross profit is the difference between revenue and costs of goods sold. Operating profit is PennantPark Investment's gross profit minus its overhead. After you account for other unusual revenue, expenses, and costs, you get net profit. Gross profit trends are often a good indicator of future profitability. If you have high gross profit margins, you have a better chance to cover overhead and make money.
PennantPark Investment Profitability Drivers Correlations
One of the toughest challenges investors face today is learning how to quickly synthesize and read into endless financial statements and information provided by the company, SEC reporting, and various external parties. Understanding the correlation between PennantPark Investment different financial indicators related to revenue and profit generation helps investors identify and prioritize their investing strategies towards PennantPark Investment in a much-optimized way. Analyzing correlations between profit drivers that are directly associated with dollar figures is the most effective way to break down PennantPark Investment's future profitability.
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Use PennantPark Investment in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if PennantPark Investment position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in PennantPark Investment will appreciate offsetting losses from the drop in the long position's value.PennantPark Investment Pair Trading
PennantPark Investment Pair Trading Analysis
The ability to find closely correlated positions to PennantPark Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PennantPark Investment when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back PennantPark Investment - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling PennantPark Investment to buy it.
The correlation of PennantPark Investment is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PennantPark Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PennantPark Investment moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for PennantPark Investment can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your PennantPark Investment position
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Additional Tools for PennantPark Stock Analysis
When running PennantPark Investment's price analysis, check to measure PennantPark Investment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PennantPark Investment is operating at the current time. Most of PennantPark Investment's value examination focuses on studying past and present price action to predict the probability of PennantPark Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PennantPark Investment's price. Additionally, you may evaluate how the addition of PennantPark Investment to your portfolios can decrease your overall portfolio volatility.